We don’t even need Scrooge or the Grinch this year. Washington is ready to ruin everybody&
We don’t even need Scrooge or the Grinch this year. Washington is ready to ruin everybody’s Christmas over the fiscal cliff. Bernanke told reporters yesterday that the fiscal cliff, a combination of steep tax increases and spending cuts set to kick in Jan. 1, is already bringing down the already-fragile economy. Businesses aren’t investing and consumers aren’t buying because of the uncertainty of a deal between Republicans and the White House. And House Speaker John Boehner told his GOP colleagues that they need to be prepared to stay in the nation’s capital — quite possibly until New Year’s Eve — to be able to cast a vote if a budget agreement is struck. -- source link
#politics#fiscal cliff